P3 Health Partners (PIIIW) Gross Margin (2021 - 2026)
P3 Health Partners' Gross Margin was 22.26% in Q2 2026, up 21.01 percentage points from 1.25% a year earlier.
P3 Health Partners (PIIIW) Gross Margin (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, P3 Health Partners' Gross Margin was 1.68% through Jun 30, 2026, up 6.72 percentage points year-over-year; for FY2025, it came in at -4.12%, down 0.20 percentage points from FY2024.
- Gross Margin shows a five-year change of -5.46 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was -3.93% in FY2024 (-6.42 pp), 2.50% in FY2023 (+3.24 pp), -0.74% in FY2022 and -2.40% in FY2021.
- The Q2 2026 figure marks the highest quarterly Gross Margin in data going back to Q1 2021.
- Compared with a year earlier, Gross Margin was higher in two of the last seven quarters, with an average year-over-year change of +0.32 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q2 2026 (a gain of 21.01 percentage points); the worst was Q3 2024 (a drop of 14.16 percentage points).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.26% |
| Dec 31, 2025 | -10.72% |
| Sep 30, 2025 | -7.11% |
| Jun 30, 2025 | 1.25% |
| Mar 31, 2025 | 0.32% |
| Dec 31, 2024 | -10.67% |
| Sep 30, 2024 | -10.99% |
| Jun 30, 2024 | 3.69% |
| Mar 31, 2024 | 1.66% |
| Dec 31, 2023 | -6.00% |
| Sep 30, 2023 | 3.17% |
| Jun 30, 2023 | 8.15% |
| Mar 31, 2023 | 5.46% |
| Dec 31, 2022 | -4.25% |
| Sep 30, 2022 | -2.63% |
| Jun 30, 2022 | 0.74% |
| Mar 31, 2022 | 2.82% |
| Sep 30, 2021 | -3.29% |
| Jun 30, 2021 | -4.01% |
| Mar 31, 2021 | 3.09% |
P3 Health Partners Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=PIIIW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "PIIIW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=PIIIW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();